Assignment; Payments Sample Clauses

Assignment; Payments. Security Trustee may at any time sell, assign, transfer or otherwise dispose of its interest in the Sublease, this Assignment, and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Security Agreement other Operative Agreements. Neither Chautauqua nor Owner Trustee shall assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder except as provided herein.
AutoNDA by SimpleDocs
Assignment; Payments. The Assignee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lessee Assignment or this Assignment and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Mortgage. The Assignor shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder.
Assignment; Payments. The Security Trustee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lease, this Assignment, and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Security Agreement and other Operative Agreements. Republic shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder except as provided herein.
Assignment; Payments. The Guarantor hereby consents to the assignment by the Owner Trustee of its rights and interests in this Guaranty Agreement to the Indenture Trustee pursuant the terms and conditions set forth in the Indenture. Notwithstanding a other provision of this Guaranty Agreement to the contrary, all amounts payable hereunder to the Owner Trustee shall be paid by the Guarantor directly to the Indenture Trustee as provided in the Indenture, a copy which has been provided to the Guarantor, for so long as the Indenture has not been discharged in accordance with its terms and thereafter to Owner Trustee. Without limiting the foregoing, the Guarantor hereby further consents and agrees that the Indenture Trustee may make any claim or take any other action or proceeding hereunder either in its ow name or in the name of the Owner Trustee as the Indenture Trustee may deem necessary or appropriate to protect and preserve the right, title interest of the Indenture Trustee and the holders of the Notes outstand under the Indenture in the rights afforded hereby. So long as the Indenture has not been discharged in accordance with its terms, the Guarantor hereby agrees that, except as otherwise provided in the Indenture, the Indenture Trustee shall be entitled to the benefits of the rights of the Owner Trustee (but not th Owner Participant) under this Guaranty Agreement and to enforce all such rights as though the Indenture Trustee were named herein as the Owner Trustee. The Guarantor acknowledges that neither the Indenture Trustee nor any holder of the Notes shall have any obligation to perfor any duty, covenant or condition hereunder, including any duty, covenant or obligation required to be performed by the Owner Trustee. The Guarantor further acknowledges and agrees that the rights of the Indenture Trustee and each holder of the Notes in and to any payments hereunder in respect of obligations assigned by the Owner Trustee to th Indenture Trustee and any other payments due to the Indenture Trustee and each holder of the Notes hereunder shall not be subject to any defense, setoff, or recoupment or reduction of any kind for any reason whatsoever (whether asserted by counterclaim or otherwise). The provisions of this Section 9 shall in no way prohibit or restrict the Guarantor from maintaining any direct cause of action against the Owner Participant, the Owner Trustee, any holder of a Note or the Indenture Trustee for any breach of their respective obligations under any of the Ope...
Assignment; Payments 

Related to Assignment; Payments

  • Assignment, Etc The Holder may assign or transfer this Note to any transferee at its sole discretion. This Note shall be binding upon the Company and its successors and shall inure to the benefit of the Holder and its successors and permitted assigns.

  • Special Assignment Pay The Chief of Police shall have complete discretion to pay two percent (2%) special assignment pay incentive which will be added to the base salary of persons in the Bargaining Unit.

  • Assignment Fee Unless the assignment shall be to an affiliate of the assignor or the assignment shall be due to merger of the assignor or for regulatory purposes, either the assignor or the assignee shall remit to Agent, for its own account, an administrative fee of Three Thousand Five Hundred Dollars ($3,500).

  • Acting Assignment Pay 181. Employees assigned by the Appointing Officer or its designee to perform a substantial portion of the duties and responsibilities of a higher classification shall receive compensation at a higher salary if all of the following conditions are met: a. the assignment shall be in writing; 183. b. the position to which the employee is assigned must be a budgeted position.

  • Assignment; Benefit This Agreement is personal and may not be assigned by Employee. This Agreement may be assigned by Employer and shall inure to the benefit of and be binding upon the successors and assigns of Employer.

  • Assignment to Owners Interconnection Customer may assign the Interconnection Service Agreement without the Interconnected Transmission Owner’s or Transmission Provider’s prior consent to any Affiliate or person that purchases or otherwise acquires, directly or indirectly, all or substantially all of the Customer Facility and the Customer Interconnection Facilities, provided that prior to the effective date of any such assignment, the assignee shall demonstrate that, as of the effective date of the assignment, the assignee has the technical and operational competence to comply with the requirements of this Interconnection Service Agreement and assumes in a writing provided to the Interconnected Transmission Owner and Transmission Provider all rights, duties, and obligations of Interconnection Customer arising under this Interconnection Service Agreement. However, any assignment described herein shall not relieve or discharge the Interconnection Customer from any of its obligations hereunder absent the written consent of the Transmission Provider, such consent not to be unreasonably withheld, conditioned or delayed.

  • ASSIGNMENT LIMITATION This Contract shall be binding upon and inure to the benefit of the parties and their successors and assigns; provided, however, that neither party shall assign its obligations hereunder without the prior written consent of the other.

  • Assignment Agreements Each Bank may, from time to time, with the consent of the Borrower and Agent (which will not in any instance be unreasonably withheld), sell or assign to other banking institutions rated "B" or better by Thomxxxx Xxxk Watch Service a pro rata part of all of the indebtedness evidenced by the Notes then owed by it together with an equivalent proportion of its obligation to make Loans hereunder and the credit risk incidental to the Letters of Credit pursuant to an Assignment Agreement substantially in the form of Exhibit J attached hereto, executed by the assignor, the assignee and the Borrower, which agreements shall specify in each instance the portion of the indebtedness evidenced by the Notes which is to be assigned to each such assignor and the portion of the Commitments of the assignor and the credit risk incidental to the Letters of Credit (which portions shall be equivalent) to be assumed by it (the "Assignment Agreements"), provided that the Borrower may in its sole discretion withhold its consent to any assignment by a Bank to any assignee which has total capital and surplus of less than $200,000,000.00 or to any assignment by a Bank of less than all of its Commitments if as a result thereof the assignor will have Commitments hereunder of less than one half of its assigned Commitments or the assignee will have Commitments hereunder of less than $3,500,000.00 or, after giving effect thereto, there would be more than 10 Banks, further provided that nothing herein contained shall restrict, or be deemed to require any consent as a condition to, or require payment of any fee in connection with, any sale, discount or pledge by any Bank of any Note or other obligation hereunder to a Federal reserve bank. Upon the execution of each Assignment Agreement by the assignor, the assignee and the Borrower and consent thereto by the Agent (i) such assignee shall thereupon become a "Bank" for all purposes of this Agreement with a Commitment in the amount set forth in such Assignment Agreement and with all the rights, powers and obligations afforded a Bank hereunder, (ii) the assignor shall have no further liability for funding the portion of its Commitments assumed by such other Bank and (iii) the address for notices to such Bank shall be as specified in the Assignment Agreement, and the Borrower shall execute and deliver Notes to the assignee Bank in the amount of its Commitments and new Notes to the assignor Bank in the amount of its Commitments after giving effect to the reduction occasioned by such assignment, all such Notes to constitute "Notes" for all purposes of this Agreement, and there shall be paid to the Agent, as a condition to such assignment, an administration fee of $2,500 plus any out-of-pocket costs and expenses incurred by it in effecting such assignment, such fee to be paid by the assignor or the assignee as they may mutually agree, but under no circumstances shall any portion of such fee be payable by or charged to the Borrower.

  • ASSIGNMENT/SUB-CONTRACTING The Contractor agrees that he will not sell, assign or transfer this Agreement or any part thereof or interest therein without the prior written consent of the Owner.

  • Assignment of Account We may sell, assign, pledge or transfer this Agreement (including any addendum to this Agreement), your account or an interest in your account to a third party without notice to you. In the absence of a notice of such sale or transfer, you must continue to make all required payments to us in accordance with your billing statement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!